Avenor (avr-tse) - Repap buyout (rpp-tse) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Avenor (avr-tse) - Repap buyout (rpp-tse)

AVR 4.490

+4.2%

Oct 31 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: FundAce who wrote (284)	11/6/1997 10:14:00 AM
From: FundAce	Read Replies (1) of 290

Moody's earlier this week announced "confirmation" of Repap Senior Debt at "B2". Secondary debt was also confirmed, but I don't have this info right here. Bottom line, Moody's has seen improvement at Repap. Moody believes that Repap will be current on its debt obligations through 1998. Again, I am very bullish on Repap long term - why? As debt goes down, and it is, Repap will become a more attractive take our over target. I expect someone will be knocking on Repap's door in about one year. In the meantime, I expect profitable quarters to commence, starting with 4th of this year. Either way, this appears to a good investment. On the downside, if the coated market collapses, then Repap will have problems - but for know, their market looks quite solid. Fundace

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next